Business Ethics and Law Exam Bank
Course Introduction
This course explores the foundational principles and practices of business ethics and law, focusing on the intersection of moral decision-making and legal frameworks in the corporate environment. Students will examine ethical theories and their application to real-world business dilemmas, along with the structure and function of laws regulating business conduct. Through case studies and critical analysis, the course encourages the development of ethical reasoning skills and an understanding of legal obligations in areas such as contracts, employment, corporate governance, social responsibility, and international operations. The aim is to equip students with the knowledge and tools to navigate complex ethical and legal challenges in todays dynamic business landscape.
Recommended Textbook
The Legal Environment of Business Text and Cases 8th Edition by Frank B. Cross
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35 Chapters
1251 Verified Questions
1251 Flashcards
Source URL: https://quizplus.com/study-set/3957
Page 2
Chapter 1: Business and Its Legal Environment
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79268
Sample Questions
Q1) A state constitution is supreme within the state's borders.
A)True
B)False
Answer: True
Q2) Lewis is a state court judge.Like other judges,Lewis often refers to secondary sources of law for guidance.These sources include
A)official comments to statute.
B)other states' statutes.
C)state constitutions.
D)the U.S.Constitution.
Answer: A
Q3) Criminal law focuses on duties that exist between persons.
A)True
B)False
Answer: False
Q4) Statutory law does not include county ordinances.
A)True
B)False
Answer: False
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Chapter 2: The Court System
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79267
Sample Questions
Q1) Elle is walking to work along a sidewalk next to a road.A truck owned by Fast Distribution Company (FDC)strikes and injures Elle,causing her injuries that result in more than $250,000 in medical expenses.Elle is a resident of Georgia,where the accident occurred.FDC has its principal place of business,and is incorporated,in Delaware.In what court may Elle sue FDC
Answer: Elle may sue FDC in Delaware,because FDC has its principal place of business,and is incorporated,in that state.FDC may be sued in Georgia,because that is where Elle's injury occurred.FDC may be subject to Elle's suit in a federal court,because the parties have diversity of citizenship (Elle is a resident of Georgia and FDC has its principal place of business,and is incorporated,in Delaware)and the amount in controversy is more than $75,000 (the cost of Elle's injuries is more than $250,000).
Q2) At every stage of a trial,either party can file a motion to dismiss the case.
A)True
B)False
Answer: True
Q3) Federal cases typically originate in appellate courts.
A)True
B)False
Answer: False
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Page 4
Chapter 3: Alternative and Online Dispute Resolution
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79266
Sample Questions
Q1) Ethanol Products,Inc. ,and Fuel Oil Corporation submit a dispute to arbitration.Garth,the arbitrator,is not a judge or a lawyer.How,then,can Garth's decision have the force of law and be binding on the parties involved
Answer: An arbitrator's decision has the binding force of law only because the two parties in an arbitration proceeding agree (contract)to be legally bound by the arbitrator's decision.The success of arbitration,and its status as an alternative to court settlement of disputes,rests on this underlying agreement between the parties to be bound by the results.If a person feels that an arbitrator's opinion is unjust,that person may appeal the dispute to a court.Courts,however,are very reluctant to judge the validity of an arbitrator's decision,which is regarded as final in all cases except where serious misconduct or corruption can be proved.
Q2) An arbitrator can render only a legally binding decision.
A)True
B)False Answer: False
Q3) Pretrial mediation is never mandatory.
A)True
B)False Answer: False
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Page 5
Chapter 4: Ethics and Business Decision Making
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79265
Sample Questions
Q1) Corporations can be perceived as owing ethical duties to groups other than their shareholders.
A)True
B)False
Q2) Kennedy Capital Corporation provides other firms with funds to expand operations.If Kenney strictly complies with existing laws,the firm will
A)fulfill all business ethics obligations.
B)fulfill no business ethics obligations.
C)fulfill some business ethics obligations.
D)not need to fulfill any business ethics obligations.
Q3) In ethical terms,a cost-benefit analysis is an assessment of the negative and positive effects of alternative actions on individuals.
A)True
B)False
Q4) It may be unethical for a company with a product that is outlawed in one country to look elsewhere for a market.
A)True
B)False
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Chapter 5: Constitutional Law
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79264
Sample Questions
Q1) Myra claims that a Nebraska state statute infringes on her "procedural due process" rights.This claim focuses on
A)procedures used in making decisions to take life,liberty,or property.
B)the content of the statute.
C)the similarity of the treatment of similarly situated individuals.
D)the steps to be taken to protect Mary's privacy.
Q2) Beachside City enacts an ordinance that bans the distribution of all printed materials on city streets.Carl opposes the city's latest "revenue-enhancing" measure and wants to protest by distributing handbills.In his suit against the city,a court would likely hold the printed-materials ban to be
A)constitutional under the First Amendment.
B)not subject to the U.S.Constitution.
C)unconstitutional under the commerce clause.
D)unconstitutional under the First Amendment.
Q3) Law enforcement officials can track the e-mail communications of one party to find out the identities of other parties.
A)True
B)False
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Chapter 6: Administrative Law
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42 Verified Questions
42 Flashcards
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Sample Questions
Q1) Executive control over the Federal Communications Commission,and other agencies,may be exercised through a presidential veto of
A)Congress's modifications of the agency's authority.
B)the agency's final rules.
C)the agency's final orders.
D)none of the choices.
Q2) Grapple Market Share Corporation would like to know what information federal agencies have about Grapple's operations,so that the firm will know what its competitors may be able to learn about it.Can Grapple require the agencies to disclose whatever information they may have concerning it If so,how should the firm make its request What federal law applies Is any information exempt
Q3) Guard Personnel Company is charged hiring practices that do not meet requirements set by the Transportation Safety Administration (TSA).The administrative law judge orders Guard to comply with the TSA's regulations.Guard may
A)appeal to the commission that governs the TSA.
B)appeal to Congress,which created the TSA.
C)appeal to a different,separate agency.
D)ignore the order.
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Chapter 7: Criminal Law and Cyber Crime
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79262
Sample Questions
Q1) Changing a trademark is forgery.
A)True
B)False
Q2) A stolen credit card is more likely to hurt a consumer than a merchant.
A)True
B)False
Q3) A cyberterrorist might target a government agency,but not a business.
A)True
B)False
Q4) It may be a crime to take another's property,but it is not a crime to receive stolen goods.
A)True
B)False
Q5) Davis points a gun at Eton,threatening to shoot him if he does not steal from his employer,Freddy's Convenience Store,and give the stolen funds to Davis.Charged with theft,Eton can successfully claim,as a defense
A)nothing.
B)duress.
C)entrapment.
D)self-defense.
Page 9
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Chapter 8: International Law in a Global Economy
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42 Verified Questions
42 Flashcards
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Sample Questions
Q1) Congress cannot impose any restrictions on exports except taxes.
A)True
B)False
Q2) A treaty is a contract or other agreement between two or more nations that must be ratified by the United Nations to take effect.
A)True
B)False
Q3) China and India form an agreement to govern their commercial exchanges with one another.This is
A)a bilateral agreement.
B)a lateral agreement.
C)a multilateral agreement.
D)a unilateral agreement.
Q4) Legal systems around the globe are generally divided into common law and civil law systems.
A)True
B)False
Q5) Restrictions on imports may include tariffs.
A)True
B)False
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Chapter 9: Contract Formation
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79260
Sample Questions
Q1) An agreement is evidenced by a single event: an offer.
A)True
B)False
Q2) Deepwater Mining Corporation offers to sell East China Refining,Inc. ,a certain quantity of unrefined oil.If East China sends an acceptance via Deepwater's authorized mode of communication,it will be effective when it is
A)in transit.
B)received.
C)sent.
D)written.
Q3) Lyra induces Moe to enter into a contract for the sale of an apartment about which Lyra fraudulently misrepresents a number of material facts.Lyra tells Moe that her commission is 6 percent,but their signed,written contract states "12 percent." The Statute of Frauds governs
A)contracts that are induced by fraud.
B)contracts that must be in writing to be enforceable.
C)the admissibility in court of oral evidence.
D)the reformation of oral and written statements into one contract.
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11
Chapter 10: Contract Performance,breach,and Remedies
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42 Verified Questions
42 Flashcards
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Sample Questions
Q1) The purpose of the doctrine of election of remedies is to permit a double recovery.
A)True
B)False
Q2) If no time for performance is stated in a contract,any time is acceptable.
A)True
B)False
Q3) Any breach excuses the nonbreaching party's duty to perform.
A)True
B)False
Q4) Lark enters into a contract to mine limestone in Milena's quarry,sell it,and share the profits on its sale with Milena.If the duties under this contract are discharged like those under most contracts,the duties will be
A)repudiated.
B)breached.
C)performed.
D)rescinded.
Q5) Most contracts are discharged by rescission.
A)True
B)False
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Chapter 11: Sales,leases,and E-Contracts
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79258
Sample Questions
Q1) Five Star Flooring orders carpet from Textile Mills Corporation,but Textile does not deliver.Five Star will probably be unable to enforce the agreement if the parties omitted
A)a delivery term.
B)a payment term.
C)a quantity term.
D)a price term.
Q2) A buyer or lessee who has accepted nonconforming goods may keep the goods and recover for any loss resulting in the ordinary course of events.
A)True
B)False
Q3) Concrete Products,Inc. ,assures Deepwater Construction Company (DCC)that Concrete's cement will not crack within a certain range of pressure.This "assurance" is A)puffery.
B)an express warranty.
C)an implied warranty.
D)a warranty of title.
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Chapter 12: Torts and Cyber Torts
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79257
Sample Questions
Q1) Disparagement of property is another term for appropriation.
A)True
B)False
Q2) A defense available in an action based on a negligence theory is that the plaintiff failed to prove one or more of the required elements.
A)True
B)False
Q3) Driving his sport utility vehicle negligently,Bart crashes into a streetlight.The streetlight falls,smashing through the roof of a house,killing Chris.But for Bart's negligence,Chris would not have died.Regarding the death,the crash is the A)cause in fact.
B)intervening cause.
C)proximate cause.
D)superseding cause.
Q4) The degree of care to be exercised in a situation can vary with a person's profession or occupation.
A)True
B)False
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Chapter 13: Strict Liability and Product Liability
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42 Verified Questions
42 Flashcards
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Sample Questions
Q1) Reilly makes a fraudulent misrepresentation to Sonny,a consumer,who buys Reilly's product.In using the product,Sonny suffers an injury.To serve as a basis for recovery,the misrepresentation must concern
A)a material fact.
B)a national fact.
C)an ethereal fact.
D)a scientific fact.
Q2) A statute of limitation may restrict the time within which an action in product liability may be brought.
A)True
B)False
Q3) Ceramic Tile Company designs and makes floor tiles.In a product liability suit based on negligence,Ceramic could be liable for violating its duty of care with respect to A)neither the design nor the making of the tiles.
B)the design and the making of the tiles.
C)the design of the tiles only.
D)the making of the tiles only.
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Chapter 14: Intellectual Property and Internet Law
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79255
Sample Questions
Q1) Ellen publishes a book titled First Place,which includes a chapter from Frank's copyrighted book Great NASCAR Drivers without his permission.Ellen's use of the chapter is actionable
A)only if consumers are confused.
B)only if Ellen and Frank are competitors.
C)only if consumers are confused and Ellen and Frank are competitors.
D)regardless of whether consumers are confused or Ellen and Frank are competitors.
Q2) College Copy Shop (CCS)compiles,copies,and sells reading materials to students on the instructions of their professors,who indicate which parts of which publications should be included.These include texts published by Deep Topics,Inc.CCS does not obtain the permission of Deep Topics,or any of the other original publishers of the copied materials,and does not pay royalties on the sales of the compilations.Deep Topics and others file a suit against CCS,alleging infringement of the plaintiffs' intellectual property rights.Which type of intellectual property is involved in this situation What is CCS's likely defense How is a court most likely to rule Explain.
Q3) An arbitrary use of ordinary words may not be trademarked.
A)True
B)False
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Chapter 15: Creditor-Debtor Relations and Bankruptcy
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42 Verified Questions
42 Flashcards
Source URL: https://quizplus.com/quiz/79254
Sample Questions
Q1) An artisan's lien is possessory.
A)True
B)False
Q2) Speedy Delivery Company buys a white van from Tom's Terrific Vehicles,on credit under a guaranty signed by Ulysses,Speedy's president,making him personally liable if Speedy does not pay.Ulysses is
A)a surety.
B)a lienor.
C)a guarantor.
D)a creditor.
Q3) Any "person" may be a debtor in a liquidation proceeding.
A)True
B)False
Q4) Residence Painting Company has a claim against Stuart's property to satisfy a debt that takes priority over other claims against the same property.This is A)a lien.
B)a violation of most state laws.
C)a writ of attachment.
D)a garnishment.
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Chapter 16: Mortgages Foreclosures After the Recession
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42 Verified Questions
42 Flashcards
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Sample Questions
Q1) Consumer Mortgage Loans provides Demi with a mortgage to buy a home.Under the terms,Demi can choose to pay only the interest portion of the monthly payments and forgo paying of the principal for five years.This is
A)a fixed-rate mortgage.
B)an adjustable-rate mortgage.
C)an interest-only mortgage.
D)a violation of the law.
Q2) Federal law encourages private lenders to modify mortgages so as to lower the monthly payments of borrowers who are in default.
A)True
B)False
Q3) A lender can make a higher-priced mortgage loan based on the value of the consumer's home without verifying the consumer's other credit obligations.
A)True
B)False
Q4) There are additional disclosure requirements for a higher-priced mortgage loan. A)True
B)False
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18
Chapter 17: Sole Proprietorships, franchises, Partnerships
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Sample Questions
Q1) A partner owes to the partnership and the other partners a duty of loyalty.
A)True
B)False
Q2) Withdrawal from a partnership for a term prematurely does not constitute a breach of the partnership agreement.
A)True
B)False
Q3) Refer to Fact Pattern 17-1A.Desi and Fred are
A)not partners,because Fred does not have an ownership interest or management rights in eSites.
B)not partners,because the lease includes a "base rental."
C)not partners,because the rent includes only 10 percent of the profits.
D)partners in a partnership for two years.
Q4) A franchisor can require a franchisee to purchase certain supplies from the franchisor at an established price.
A)True
B)False
Q5) A franchise is a contractual arrangement.
A)True
B)False
19
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Chapter 18: Limited Liability Companies and Limited Partnerships
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42 Flashcards
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Sample Questions
Q1) Lucy is a limited partner in Metro Contractors,a limited partnership,which cannot pay its debts.Lucy is personally liable for the debts
A)in proportion to the number of partners in the firm.
B)to no extent.
C)to the extent of her capital contribution.
D)to the full extent.
Q2) Vijay is a member of Watchit,LLC,a limited liability company.Vijay is liable for Watchit's debts
A)in proportion to the total number of members.
B)to the extent of his capital contribution.
C)to the extent that the other members do not pay the debts.
D)to the full extent.
Q3) Lui is considering forms of business organization for a chain of Magic Trix novelty stores.One advantage of the limited liability company form,with respect to tax options,is its
A)flexibility.
B)lack of accountability.
C)limited liability.
D)rigidity.
Page 20
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Chapter 19: Corporations
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42 Flashcards
Source URL: https://quizplus.com/quiz/79250
Sample Questions
Q1) Hailey and Ike hold the first organizational meeting of Java Drive-In Corporation.Probably the most important function of this meeting is
A)adopting Java's bylaws.
B)agreeing on Java's purpose.
C)drafting Java's articles.
D)obtaining a charter for Java.
Q2) Reba is a director of Quantum Mechanix Corporation.Reba's rights,as a director,do not include a right to A)indemnification.
B)inspection.
C)participation.
D)self-dealing.
Q3) Shareholders' meetings need not occur at any certain interval. A)True
B)False
Q4) A corporation is a legal entity created and recognized by federal law. A)True
B)False
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Chapter 20: Agency
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Sample Questions
Q1) Cory employs Daily Delivery Agency as an agent under a written agreement that describes the rights and duties of both parties.This is
A)apparent authority.
B)equal authority.
C)express authority.
D)implied authority.
Q2) Emery is an agent for Downtown Market Corporation.Emery makes an innocent misrepresentation when entering into a contract on behalf of Downtown Market with Cool Fruits,Inc.Cool Fruits
A)is directly responsible for performing the contract.
B)is estopped from performing the contract.
C)may rescind the contract.
D)must ratify the contract.
Q3) A principal owes his or her agent a duty to act in good faith.
A)True
B)False
Q4) Normally,all employees who deal with third parties are deemed to be agents.
A)True
B)False
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Chapter 21: Employment Relationships
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42 Flashcards
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Sample Questions
Q1) There is no general duty on employers to keep workplaces safe.
A)True
B)False
Q2) Uri is an employee of Verity Security Services.For Uri to obtain the benefits of federal wage-hour requirements,Verity must be engaged in
A)business activity.
B)employment at will.
C)international commerce.
D)interstate commerce.
Q3) Jenna is fifteen years old.Under the Fair Labor Standards Act,Jenna cannot work
A)in the entertainment industry.
B)in a hazardous occupation.
C)for her parents.
D)in the delivery of newspapers.
Q4) Home Healthcare Services wants to its employees and applicants to undergo genetic testing.Home may
A)discharge employees who have a genetic predisposition to disease.
B)discriminate against applicants who have a genetic predisposition to disease.
C)test its employees for a genetic predisposition to disease.
D)none of the choices.
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Chapter 22: Employment Discrimination
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Sample Questions
Q1) Origami Paper Products Corporation meets all of the requirements to be subject to the federal employment discrimination laws.These laws restrict the ability of employers to discriminate against workers on the basis of A)experience.
B)gender.
C)intelligence. D)skill.
Q2) Protection against retaliation under the Civil Rights Act of 1964 does not extend to an employee who speaks out about discrimination on his or her own initiative.
A)True
B)False
Q3) Pikabo files an employment discrimination suit against Quantitative Analysis,Inc. ,under the Civil Rights Act of 1964,based on its discharge of Pikabo.Possible relief includes A)imprisonment.
B)reinstatement.
C)fines.
D)an order to shutdown the employer's business.
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Page 24
Chapter 23: Immigratiion and Labor Law
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Sample Questions
Q1) Workers have a right to refuse to cross a picket line of fellow workers who are engaged in a lawful strike.
A)True
B)False
Q2) Seafood Canning Corporation keeps a file of I-9 verifications forms.To inspect this file,the appropriate government officer must obtain
A)a subpoena and a warrant.
B)a subpoena or a warrant,but not both.
C)not a subpoena,a warrant,or the employer's consent.
D)the employer's consent.
Q3) Bonny works for ChemCoat Corporation.ChemCoat refuses to pay Bonny and its other employees for time spent exclusively on union activities.This violates
A)the Labor-Management Relations Act.
B)the National Labor Relations Act.
C)the Norris-LaGuardia Act.
D)no federal labor law.
Q4) Employers and unions have a duty to bargain in good faith.
A)True
B)False
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Chapter 24: Consumer Protection
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Sample
Questions
Q1) Kristen receives unsolicited merchandise in the mail.Kristen
A)may keep the merchandise without any obligation to the sender.
B)must return the merchandise within five days to avoid payment.
C)must return the merchandise within fifteen days to avoid payment.
D)must return the merchandise within thirty days to avoid payment.
Q2) Bait-and-switch advertising occurs when a salesperson lures a consumer into a store by advertising a low-priced item in order to switch the consumer to a more expensive item.
A)True
B)False
Q3) Shep buys a car from his neighbor,Tyrone,for $8,000 and agrees to make monthly payments of $800 until the price is paid.This transaction is not subject to federal credit regulations because
A)the parties are two consumers.
B)the transaction is a sale.
C)the sale involves a car.
D)the parties are neighbors.
Q4) Labels on fresh meat must indicate where the food originated.
A)True
B)False
Page 26
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Chapter 25: Environmental Law
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Sample Questions
Q1) Metal Smelting,Inc. ,operates a plant-a "major source"-that emits hazardous air pollutants for which the Environmental Protection Agency has set maximum levels of emission.The plant does not use any equipment to reduce its emissions.Under the Clean Air Act,this is most likely
A)a violation.
B)not a violation because a "major source" is exempt.
C)not a violation because the plant does not use any equipment.
D)not a violation because the plant is not a mobile source.
Q2) The Clean Water Act includes special provisions for toxic chemicals and for oil spills.
A)True
B)False
Q3) State laws may restrict a business's discharge of chemicals into the air or water.
A)True
B)False
Q4) Different standards for air quality apply to existing sources of pollution and major new sources.
A)True
B)False
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27
Chapter 26: Real Property Land-Use Control
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Sample Questions
Q1) The owner of real property has relatively exclusive rights to the airspace above the land.
A)True
B)False
Q2) Mix-It Concrete Company has the right to enter Nim's land and remove the rock from Nim's quarry.This is
A)a fee simple absolute.
B)a license.
C)an easement.
D)a profit.
Q3) Plant life is not considered to be real property.
A)True
B)False
Q4) The Constitution limits the exercise of the power of eminent domain.
A)True
B)False
Q5) A state cannot regulate the overall appearance of a community.
A)True
B)False
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Chapter 27: Antitrust and Monopoly
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Sample Questions
Q1) Diners Cafe and Eatery,Inc. ,are competing restaurants in Freetown.Good Food,Inc. ,plans to open a restaurant in Freetown.Diners and Eatery pool their efforts and convince the Freetown City Council to adopt zoning restrictions that make it difficult for others to open restaurants.Good Food can
A)not sue Diners and Eatery for antitrust violations.
B)obtain just compensation from Diners and Eatery.
C)sue Diners and Eatery for antitrust violations.
D)sue the Freetown City Council for antitrust violations.
Q2) Market power is the extent to which a firm can exclude competition.
A)True
B)False
Q3) Only the U.S.Department of Justice can prosecute violations of all of the antitrust laws.
A)True
B)False
Q4) Any conspiracy-even if it occurs outside the United States-that has a substantial effect on U.S.commerce is within the reach of the U.S.antitrust laws.
A)True
B)False
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Chapter 28: Antitrust and Restraints of Trade
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Q1) Java Bean Company imports coffee beans and sells them under two-year contracts to Mellow Roast,Inc. ,and other coffeemakers.The contracts require that during the two-year term a coffeemaker not buy beans from Java Bean's competitors.The contracts do not limit the coffeemakers' purchase of tea or other beverage ingredients from other suppliers,however.In the second year of the contract,Mellow Roast protests that this arrangement violates antitrust law.Is Mellow Roast correct If not,why not If so,under which antitrust statute,or statutes,could these contracts be held illegal
Q2) In a concentrated industry,antitrust laws do not apply.
A)True
B)False
Q3) Perfecto Appliance Company,Qualité Kitchens Corporation,and Royale Products,Inc. ,control 90 percent of the market for appliances in a certain geographic area.Perfecto,Qualité,and Royale agree to sell their appliances for the same prices,and to exclude Superia Appliances,Inc. ,which controls the other 10 percent of the market.This is
A)an anticompetitive practice in violation of the Clayton Act.
B)a per se violation of the Sherman Act.
C)a violation of the Sherman Act under the rule of reason.
D)not a violation of antitrust law.
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Page 30
Chapter 29: Investor Protection and Corporate Governance
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Q1) Lex,a salesperson for Macro Corporation,learns that Macro will increase the dividend it pays to shareholders.Lex buys 1,000 shares of Macro stock.When the price increases,Lex sells his shares for a profit.Lex would not be liable for insider trading if the information about the dividend was
A)material when he sold the stock.
B)public after he bought the stock.
C)public before he bought the stock.
D)too speculative when he bought the stock.
Q2) Standard Corporation is a public company whose shares are traded in public securities markets.Standard's officers want to set up and maintain a system of "good corporate governance." What is "corporate governance" What is its practical significance What,at a minimum,should a "good" system of corporate governance include
Q3) Under the Sarbanes-Oxley Act of 2002,chief executive officers no longer need to certify the accuracy of information in corporate financial statements.
A)True
B)False
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Chapter 30: Part I: The Foundations
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Q1) Ethical behavior on the part of Plastics Products Company may be inhibited by
A)clear ethical standards.
B)collective decision making.
C)legislative determinations of what represents society's best interest.
D)managers' dissent to unethical decisions.
Q2) Mike casts unwarranted doubts on Nina,a co-worker,to gain a job promotion.This is unethical
A)only if Mike is caught.
B)only if Mike gets the promotion.
C)under any circumstances.
D)under no circumstances.
Q3) Capital Credit Company files a suit against Downtown Developers,Inc. ,and seeks,as part of discovery,certain electronic documents in Downtown's possession.Downtown did not preserve the requested data-e-mail messages among employees.The court is not likely to sanction Downtown if
A)the data was not saved because there was no reasonable anticipation of litigation.
B)Downtown can provide the e-mail but without attachments.
C)Downtown inadvertently failed to suspend its e-mail deletion system.
D)Downtown can provide e-mail the employees sent but not e-mail they received.
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Page 32
Chapter 31: Part II: The Public and International Environment
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Q1) DrugCo,Inc. ,makes and markets Evenflo,a prescription drug.Food and Drug Administration (FDA)rules require ads for prescription drugs to disclose all of the potential negative side effects.Display ads on the Web are not amenable to such lists.Thus to comply with FDA rules,on the Web DrugCo should run
A)a general,disease-related search ad.
B)an ad for Evenflo without a list of side effects.
C)a tweet.
D)no ads.
Q2) Pitter Pater Corporation is a U.S.firm that does business internationally.Among the ethical challenges facing Pitter Pater and other firms is the role of women because some countries
A)accept any professional role for women.
B)expect any professional role for women.
C)protect any professional role for women.
D)reject any professional role for women.
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Chapter 32: Part III: The Commercial Environment
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Q1) Merchandise Presentation Company enters into a contract with Newt to perform certain services for a certain price.Newt is later dissatisfied with what he claims is a low level of service for a high price.Whether this deal is unconscionable is subject to
A)the interpretation of a court.
B)the opinion of the buyer.
C)the position of the seller.
D)the precise definition in UCC 2-302.
Q2) Topographical Engineers,Inc. ,which is new to its business,offers its services at less than half their possible market price to United Road Crew Construction,Inc. ,which knows the services' value.United's decision to accept the offer without commenting on the price could be justified by
A)the concept of unconscionability.
B)the doctrine of promissory estoppel.
C)the principle of freedom of contract.
D)the Statute of Frauds.
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Chapter 33: Part IV: The Business Environment
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Q1) Logan is a director for Metal Masters Company.Ordinarily,Logan owes fiduciary duties only to A)himself.
B)Metal Masters's creditors.
C)Metal Masters's personnel.
D)Metal Masters's shareholders.
Q2) Beyond Gamez,Inc. ,a video game retailer based in California,does business in all fifty states exclusively online.According to New York state tax law,an out-of-state online retailer must collect and remit state taxes to New York if the retailer
A)plans to establish a substantial physical presence in New York.
B)targets a potential marketing base in New York.
C)maintains a Web site accessible in New York.
D)pays a party within New York to solicit business for its products.
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Chapter 34: Part V: The Employment Environment
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Q1) AgriEquip Service & Supply,Inc. ,sends Merilyn an e-mail in which AgriEquip offers to employ her for certain hours and a specific amount of money over a limited period of time.She responds with a counteroffer that reduces the hours and increases the money.AgriEquip e-mails an acceptance.Merilyn performs,but AgriEquip refuses to pay.She files a suit against AgriEquip for breach of contract.The court is most likely to rule that the e-mail
A)showed only an agreement to agree.
B)was an agreement to the essential terms of an employment contract.
C)constituted an unenforceable,non-existent contract.
D)contained a contract but is unenforceable because it is electronic.
Q2) Paisley works for Rick's Air Conditioning & Heating Service.Reasons for holding Rick's liable under the doctrine of respondeat superior for Paisley's tort injuring Nikki do not include the employer's
A)ability to afford Nikki more effective relief.
B)ability to pay for Nikki's injury.
C)control over Paisley.
D)guilt or innocence.
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Page 36
Chapter 35: Part VI: The Regulatory Environment
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Q1) The U.S.Green Building Council verifies that a building meets certain standards before issuing a Leadership in Energy and Environmental Design (LEED)certification.Lolly hires Myron,a subcontractor,and insists that his work conform to the requirements of the LEED rating system.If the standards are not conformed to,then
A)certain tax credits may not be available.
B)the U.S.Green Building Council may impose sanctions.
C)Lolly must pay "just compensation" to the local zoning authority.
D)Myron may be denied a zoning variance.
Q2) Pinpoint Marketing,Inc.(PMI),a credit-reporting agency,sells data about consumers to merchants and others.Consumers have some recourse if PMI
A)realizes a profit from the sales.
B)sells data about consumers who request to be "blacklisted."
C)does not report the data accurately.
D)does not tell consumers when the data is sold.
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